At the annual National Reverse Mortgage Lenders Association (NRMLA) meeting, financial advisor and trainer Ryan Ponsford urged reverse mortgage professionals to strengthen their credibility and collaboration with financial advisors, saying the industry’s future depends on shifting perceptions and elevating professional standards.

Ponsford, drawing on nearly three decades in the financial services sector, opened with anecdotes about industry skepticism. “When I was first introduced to reverse mortgages, my reaction was, ‘You take advantage of old people and steal kids’ homes.’ But as I learned more, I realized there’s more nuance, and a real opportunity,” Ponsford said.

He now works with details ⇒

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